Lightstone Value Plus REIT I Q1 FY26 net loss narrows to $4.35 million
LIGHTSTONE VALUE PLUS REIT INVT INC LHTV | 0.00 |
- Lightstone Value Plus REIT I posted a first-quarter net loss of $4.35 million, narrowing from $8.12 million a year earlier.
- Revenue rose 2.88% to $12.6 million, with hotel revenue up 2.11% to $9.7 million and rental revenues increasing 3.57% to $2.9 million.
- Interest expense fell 33.33% to $4.4 million, while interest and dividend income climbed 28.57% to $0.9 million.
- Lower East Side Moxy Hotel RevPAR increased to $182.44 from $178.56, while occupancy slipped 1 percentage point to 86%.
- Cash and cash equivalents totaled $59.2 million at March 31, 2026, with $42.9 million of marketable securities and $7.2 million of restricted cash.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightstone Value Plus REIT I Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-001827), on May 13, 2026, and is solely responsible for the information contained therein.
